Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-07-27
The ILLINOIS CENTRAL.
sioux Falls and its Arrangement for a
New Road-Other Hail Information.
iITrSoIS cENrpAy

SiVuA Eaits anu ltS Arrangement tQT u
New Road-0ther Hail Information.
ILLINOIS CENTRAL.
Sioux Fails Press, 26th: Yesterday
q. A. Sherman returned from Dubuque,
where he has been in conference with
the officials of the Cherokee and Dakota
railroad company. This conference was
to arrange certain details in the agree
ment between the city and the company
regarding which there was some Dispute,
A reporter OF The Press called upon
Mr.. Sherman for the purpose OF learning
the result of his mission. In ansWe to
the reporters questions Mr.. Sherman
said:
".We, that ia Mr.. Pettigrew and l, sue
ceeded In getting the agreement drawn
up in the shape We wanted. The
boundaries Of the depot and shop
grounds were arranged to our satisfac.
tion. The right Of way in the city was
reduced from 100 to SO feet. In regard
to the rights of the Burlington to the
ground the Central people want that 1T
be settled between the companies them
selves. AS the agreement originally
stood, too, we were to fnrniEh the right.
of way to the Iowa line in sixty days,
but we have changed that so that we are
now given a reasonable time"
well, MIR. Sherman, what do you
think the project is now" inquired the
reporter.
why it all depends upon the people
of the CITY," replied Mr.. Sherman.
They can ave the road if they want it
and will sign this agreement. The Off
Gals OF the road will be here next Thurs.
day and If there are enough names to
the agreement to warrant them in the
opinion that the grounds will be forth
coming they will let the contracts on
Saturday. Otherwise they will let the
Sioux Falls line drop until next season
and give their attention to some other
line. They wan. to have trains running
in here before NOV flies and unless this
thing is settled at once SO that they can
carry out this design they will do moth.
ing"
"rhen 1 suppose you will lose no time
in circulating this guaranty SAID the
reporter. "No sir" answered MI. Sher.
man. "We shall go to work on 1t this
morning and on Wednesday night a
citizens meeting Will be held. The
committee appointed some weeks ngc
will look after the guaranty until that
time. AT that meeting o committee
will be appointed to carry out the terms
of the contract. The road wants to some
here bad enough. The stockholders il
the meeting held o few days ago in.
structed their men to go to work on the
line if this agreement was signed. The
comany has signed it's part of the agree
msnt. 1t was signed the 23d by the Chero
kee and Dakota railroad company by w
~. Knight, president"
"Ihen you think there can no further
delay il the citizens only make good
this guaranty ~ queried the reporter.
Certainly there Cannot replied Mr
Sherman. If this guaranty is signet
the work viii be pushed ahead for all
is worth. Some people think we ar,
giving too much but when the Who'll,
amount Sioux Falls has given for rail
roaaa is figured mp it would reach
startling figure after all. Dubuque ha,
four railroads and she has paid $500 ,00'
for them. Sioux Falls with the Iliinoi
Central will have five Of the best corpor
atoms in the west al a cost net to exceed
$175, 0G0. When this road is here We
will have oil we wan and can then q
to work to get manufactures. They
will come q great deal easier after tn
railroads are here, The agreemen
.. which will be circulated this morning
provides that the city shall furnlsI
certain grounds on the eGst side TO
, lepot and repair shops and shall Civ
the road fifty feet right of way within
the city limits and the right of way fror
the city limits to the point where th
road CROSSES the Iowa and Minnesot
state line. Also that unless the com
, pany can make an arrangement to us
the stock yards Of some other compan.
: that the city will furnish grounds 10
that purpose and right OF way to til
r same. 1t is also provided that the cit,
q shall furnish ali right-of way acros
streets, alleys. etc, free OF cost to tn
company. ALI grounds and right G
way to be furnished as speedily as possi
i BILE 80 that the road will not be delsye
in its work.
NORTHERN PACIFIC FINANCES.
!, New York Herald: There was an i'm
portant meeting of the Northern Pacia
? railroad directors in this city yesterday
The annual report WAS read and approx
8 ed. 1t makes O most favorable showing
Notwithstanding the increased ixe
charges on account Of the Cascade divi
sion and branch lines the company hs
0 kept within it's income and made q mic
D little surplus. Over ST. 600, 600 of til
divided scrip has been extended, und,
the offer of the company, for twent
= years. The new scrip will be in demon
o nations Of $500 and 81 900, and wi
- haey ponppnu nayohIa tnina q vaap Is